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Regulatory

ASIC concerns see 18 funds update advertising materials

ASIC surveillance of managed funds' marketing materials has found several instances of inadequate warnings or disclaimers related to performance and downplaying of risks, leading 13 providers to make amendments.

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Read more: ASIC,  ASCF Select Income Fund,  Karen Chester,  Wentworth Williamson Management,  AMAL Trustees,  ASCF High Yield Fund,  ASCF Premium Capital Fund,  Australian Secure Capital Fund,  Balmain Discrete Mortgage Income Trust,  Balmain Fund Administration,  BetaShares,  Boutique Capital,  Collins St Asset Management,  CTSP Funds Management,  FirstMac High Livez,  OTG Capital Asset Backed Investment Trust,  Reserve Bank of Australia,  TAMIM Fund Credit,  Truepillars Investment Trust,  Truepillars RE,  UGC Global Alpha Fund,  UGC Platinum Alpha Fund,  VentureCrowd Nominees,  Wealthlander Diversified Alternative Fund